WMT · 10-Q · 2026Q2 · Full report

Capital Return Program

Walmart Inc. · 2026-05-29 · Importance 96 · Surprise 100 · In source text

In February 2026 Walmart approved a new $30.0 billion share repurchase program (effective February 23, 2026) replacing the prior program; as of April 30, 2026, $28.2 billion remained authorized. During the three months ended April 30, 2026 the Company repurchased 16.6 million shares for $2.08 billion at an average price of $125.51 per share (versus $4.555 billion repurchased in prior year quarter). Management indicates a majority of ongoing repurchases are expected to be funded through free cash flow and that repurchases are reviewed against cash needs, leverage capacity and cost of borrowings.

Key facts

• In February 2026, the Company approved a new $30 billion share repurchase program which replaced the previous program beginning February 23, 2026; as of April 30, 2026, $28.2 billion remained authorized under the current program. source
• The Company approved the fiscal 2027 annual dividend of $0.99 per share effective February 19, 2026, up from fiscal 2026 annual dividend of $0.94 per share, to be paid in four quarterly installments of $0.2475 per share. source
• Net cash provided by financing activities for the three months ended April 30, 2026: $2,328 million, an increase of $2.3 billion versus prior year. source
• During the three months ended April 30, 2026 the Company repurchased 16.6 million shares at an average price of $125.51 per share for a total of $2,080 million. source
• Dividend record and payable dates include record date March 20, 2026 with payable date April 6, 2026, and record date May 8, 2026 with payable date May 26, 2026; the April 6 and May 26, 2026 installments were paid as scheduled. source

Impact estimates